Provide NCC Technologies with a memo that provides your recommendations on the two proposals. Your memo should also include details of your analysis and briefly explain and justify your chosen methods and any assumptions made. Table format for presenting figures is preferable. Demonstrate understanding of the issues through: justification of chosen analytical techniques, correct application of those techniques, and appropriate and insightful conclusions and recommendations.QUESTION 2 : Short-term financing No additional research or data is necessary in answering this question. Simply apply your knowledge from the unit learning materials. In its 2015 Annual Report, Telstra Corporation Limited stated that (p. 121): Our commercial paper is used principally to support working capital and short term liquidity. a) What does the use of commercial paper suggest about the credit risk of Telstra?b) What asset financing policy does the quote above suggest Telstra may follow? Justify your answer and outline the benefits of that policy in comparison with alternative policies.